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Monday, 03/07/2016 6:17:36 AM

Monday, March 07, 2016 6:17:36 AM

Post# of 507
mart Glasses for Industrial Applications Market to Grow 146.3% - Key Vendors are Lumus, Meta, Osterhout Design Group & Optinvent

Dublin, March 04, 2016 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/q79swg/global_smart) has announced the addition of the "Global Smart Glasses for Industrial Applications 2016-2020" report to their offering.

The global smart glasses market is expected to grow at a CAGR of 146.3% during the period 2016-2020.
Smart glasses are AR devices that are widely regarded as the next big technological advance, following Google's launch of the Google Glass project. They are more comfortable to wear and can be used constantly, unlike other devices. Smart glasses are also used for industrial purposes such as reading manuals, checking the status of a system, and detecting possible errors.

There are many industrial applications for smart glasses. Manufacturing, service and maintenance, and construction are some of the sectors that might be the first to adopt them.Smart glasses can provide a step-by-step guide on repairing an engine along with videos, making the job easier for technicians. Viewing 3D designs of buildings during construction and comparing them with actual buildings are also easier with smart glasses. An architect can compare original designs side by side with the actual building and analyze the progress of the construction.

According to the report, an increasing number of vendors are showing interest in developing smart glasses. This increased participation from several firms highlights the importance attached to smart glasses as a major medium for AR. This market is still in its early stages and will benefit significantly as more vendors enter. Vendor participation will result in increased awareness about smart glasses among customers, who will have several options to choose from.

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